Squawk on the Street

Carl Quintanilla and Jim Cramer led off the show with news from across the Atlantic: A UK antitrust watchdog said Microsoft's takeover of Activision would stifle competition and harm gamers. David Faber joined via phone with his perspective on the findings. Alphabet shares down sharply after Google's artificial intelligence event in Paris failed to ease concerns about competition from Microsoft's new AI-powered Bing search engine. Yum! Brands CEO David Gibbs joined the program exclusively to discuss inflation and better-than-expected quarterly results for the parent of Taco Bell, KFC and Pizza Hut. Also in focus: A surprise quarterly profit for Uber, Chipotle's earnings miss, CVS beats and confirms a $10.6 billion deal. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As the Chinese balloon spectacle wages on, Morgan Brennan speaks with York Space Systems and SpiderOak chairman Charles Beames. As a former Pentagon senior executive, they dive into the surveillance implications of the balloon, the defense sector’s growing investment in space, where satellites fit into the broader picture…and the legacy of Microsoft co-founder Paul Allen. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer discussed the markets anticipating Fed Chair Jerome Powell's remarks in Washington on Tuesday, as some Fed presidents are calling for much higher rates following Friday's blowout jobs report. Hear what Cramer is calling the "saving grace" of this economy.The anchors also looked ahead to Tuesday night's "State of the Union" address, with President Biden expected to call for a quadrupling of the new stock buyback tax. Also in focus: Microsoft and Google ramp up their battle over artificial intelligence and ChatGPT, DuPont beats, BP's buyback and record profits, travel stocks rally and Activision's CEO defends the company’s merger deal with Microsoft. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the by discussing what's ahead for the markets, with the Nasdaq in the midst of a five-week win streak. The anchors reacted to a pair of Wall Street notes: Goldman Sachs raised its three-month S&P 500 price target on hopes of a soft landing, while Bank of America said recent earnings revisions are "better than feared." More tech layoffs: Dell announced plans to cut more than 6,600 jobs or 5% of its workforce. Also in focus: Tesla extended its big year-to-date rally after hiking prices of its Model Y SUVs, a legal victory for Elon Musk, plus M&A news sparking some of the day's biggest movers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the show with news that surprised Wall Street: The January employment report shows the economy added 517,000 non-farm jobs, blowing well past economists' forecasts. The unemployment rate fell to 3.4%. What does it all mean for the markets and the Fed? The anchors engaged in a wide-ranging discussion about market reaction to quarterly results from Apple, Amazon and Google parent Alphabet. Should you buy into mega-tech? Also in focus: What Ford CEO Jim Farley told CNBC about his company's earnings miss, Nordstrom soars on a report that activist investor Ryan Cohen has taken a stake in the company, plus highlights from Jim's "Back to School Tour." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Meta driving the big tech rally. Shares of Facebook's parent soared on a quarterly revenue beat, upbeat guidance, a $40 billion share buyback program and reducing capex estimates. The anchors reacted to Meta CEO Mark Zuckerberg stressing "efficiency" numerous times on the earnings call while making few mentions about the metaverse. Carl, Jim and David also set the stage for Thursday's after-the-bell earnings from FAANG components Apple, Amazon and Alphabet. Also in focus: Broader markets extend gains made following Wednesday's smaller Fed rate hike, earnings blues for the Dow, Ford U.S. auto sales rise in January, plus Jim on what to expect from his "Back to School" tour. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The company behind one of the world’s largest airplanes is entering the hypersonic space. Morgan speaks with Stratolaunch CEO Zachary Krevor and Joe Laurient, CEO of company’s engine-supplier Ursa Major about their partnership, hypersonic testing and more at the Reagan Defense Forum. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On the final trading day of January, Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Tuesday's earnings releases from the likes of Caterpillar, McDonald's, Pfizer, Exxon Mobil, General Motors and UPS. The anchors also reacted to Exxon Mobil CEO Darren Woods blasting the Biden Administration's criticism of big oil companies' stock buybacks. He told CNBC, "The White House needs to get its facts straight." Also in focus: The Fed kicks off its two-day policy meeting, activists pressure Salesforce as Marc Benioff once again becomes sole CEO, plus Nike sues Lululemon. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber focused on a big week for the markets, as Wall Street gears up for everything from key policy decisions by the Fed and other central banks -- to a slew of earnings including results from tech giants Apple, Amazon, Alphabet and Meta. The anchors also discussed what to make of the early 2023 tech rally -- the Nasdaq up 11% and Tesla surging 45% year-to-date heading into Monday's trading session. Also in focus: Salesforce and the activists, EV price cuts at Ford, takeover speculation involving Lucid, and Jim celebrates the Philadelphia Eagles advancing to the NFL's championship game. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer focused on shares of Intel tumbling after the chipmaker posted fourth-quarter results that missed expectations -- and warned of a loss in Q1. The anchors reacted to CEO Pat Gelsinger's earnings call comment: "We realize that we stumbled." The Fed's preferred inflation measure -- Core PCE -- eased in December year-over-year, while consumer spending fell and personal income rose last month. With the consumer in mind, Carl and Jim discussed shares of American Express rallying on its quarterly results. Also in focus: Chevron posts a record annual profit one day after announcing a $75 billion share buyback, Salesforce appoints new board members amid activist pressure, Hasbro job cuts, plus – a “puzzling” development. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On a day full of earnings news, Carl Quintanilla and Jim Cramer led off the show with Tesla: Shares up sharply on record quarterly results and CEO Elon Musk's optimism about demand. Is the worst over for the stock? A CEO doubleheader: Southwest Airlines' Bob Jordan on everything from the carrier's fourth-quarter loss to its operational disruptions that resulted in a holiday travel meltdown -- and ServiceNow’s Bill McDermott on his company's earnings and the cloud. Also in focus: Economic growth slows to an annual rate of 2.9% in Q4 but slightly beats estimates, earnings winners and losers, Chevron's $75 billion share buyback program, IBM cutting 3,900 jobs, plus Cramer's message on investing in chip stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Rocket Lab has made it to U.S. soil, successfully launching three Hawkeye 360 satellites from NASA’s Wallops Island. A first-of-its-kind mission for the startup, Morgan speaks with Rocket Lab CEO about the launch business, the latest in the space stock downturn and, of course, Venus. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the show with shares of Microsoft falling on news of the company's weaker-than-expected cloud business forecast. What's at stake for big players in the cloud including Amazon? Boeing CEO Dave Calhoun joined the program to discuss his company's Q4 results that missed Wall Street estimates. The anchors also reacted to the Justice Department and attorneys general in eight states suing Google on antitrust grounds, accusing the Alphabet unit of "monopolizing digital advertising technologies." Also in focus: AT&T shares jump on stronger-than-expected Q4 wireless subscriber growth, plus Cramer explains why enterprise software is "the new natural gas." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show by discussing the quarterly results for industrial giants 3M and GE. 3M shares were under pressure in early trading after missing on earnings; separately, the company announced that it will cut 2,500 jobs. Other names out with reports included Johnson & Johnson, Lockheed Martin, and Union Pacific. After the opening bell, several stocks were halted on the New York Stock Exchange due to an apparent technical issue. Major names impacted included Verizon, Wells Fargo and McDonald’s. To close out the hour, Morgan Brennan joined the desk to participate in an exclusive interview with Raytheon Technologies Chairman & CEO, Greg Hayes. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down the markets, with the Dow and S&P aiming to bounce back from their first weekly losses of 2023. Salesforce was one of the key names to watch in early trading, as the stock received a boost on news that Elliott Management has a multi-billion dollar stake in the company. Staying with the tech sector, the anchors then shifted their attention to Spotify, the latest company to announce layoffs, cutting 6% of its global workforce. CEO Daniel Ek said he was “too ambitious in investing ahead of our revenue growth.” Also in the mix: Cramer broke down Barclays’ bullish call on the chip sector, which gave names like QCOM and AMD a lift. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the show with Netflix shares up sharply in reaction to larger-than-expected quarterly subscriber growth. The company also announced that founder Reed Hastings stepped down as Co-CEO and would stay on as executive chairman. COO Greg Peters succeeded Hastings as Co-CEO and is serving in that role alongside Ted Sarandos. What does it all mean for Netflix stock? The anchors also reacted to Alphabet becoming the latest tech giant to announce layoffs. The parent of Google said it plans to cut about 12,000 jobs or 6% of its workforce. Also in focus: Wayfair laying off about 10% of its workforce amid slumping sales, The FDA rejects accelerated approval of Lilly's Alzheimer's drug, plus what to expect from next week's earnings barrage -- including results from Microsoft, Tesla and Boeing. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending Wednesday's losses amid investor concerns about growth. The anchors reacted to comments made to CNBC by two big bank CEOs at the World Economic Forum in Davos, Switzerland: JPMorgan Chase's Jamie Dimon said he expects interest rates to rise above 5%, while Morgan Stanley's James Gorman expressed his belief that inflation has "clearly" peaked. Procter & Gamble shares fall on quarterly results as the company faces headwinds from rising costs. Also in focus: What to expect from Netflix's after-the-bell earnings, a double downgrade for Charles Schwab, shares of Discover slide on the company's outlook for credit card charge-offs. Plus -- is now the time to buy Boeing? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about the big story of the morning: Microsoft confirmed it plans to cut about 10,000 jobs or 5% of its workforce, joining the ranks of tech giants implementing layoffs. The company also said it is taking a $1.2 billion charge in fiscal Q2 related to severance costs and other changes. Also in focus: Wholesale inflation eases but retail sales fall in December, Nasdaq aims for an eight-session win streak, Goldman Sachs CEO David Solomon's comments to CNBC about a potential "soft landing," United jumps on earnings and guidance, Microsoft and Activision one year after their $69 billion deal was announced. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber delved deeper into another set of big bank earnings, discussing what to make of Goldman Sachs posting weaker-than-expected quarterly results while Morgan Stanley beats on profits and revenue. Breaking news on the Disney-Nelson Peltz proxy fight: Disney strikes back at the activist investor, saying he "lacks the skills" to assist the company's board. Also in focus: China's economic growth slowed sharply in 2022 to 3% due to COVID lockdowns, Trial day for Elon Musk over his Tesla tweets, Emerson goes hostile on the M&A front and Guggenheim downgrades Microsoft to "Sell." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber took an in-depth look into quarterly results from JPMorgan Chase, Bank of America, Citigroup and Wells Fargo. It is time to buy the banks? BlackRock Chairman & CEO Larry Fink joined the program. In a wide-ranging interview, the head of the world's largest asset manager discussed his firm's earnings, long-term investing and the ESG backlash. Also in focus: Tesla shares fall sharply and drag the auto sector lower after the company slashed vehicle prices in the U.S. and Europe, while shares of Delta Air Lines slump despite better-than-expected Q4 results. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber focused on two big stories: Key inflation data showing the December Consumer Price Index down 0.1% from November levels and easing year-over-year for a sixth consecutive month -- and Trian nominates activist investor Nelson Peltz for a seat on Disney's board. Peltz joined the program to discuss his proxy fight against Disney and the changes he would like to see at the Magic Kingdom. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber focused on the airlines after the Federal Aviation Administration grounded flights nationwide due to a system outage. The FAA eventually allowed flights to resume but airlines experienced thousands of delays and hundreds of cancellations. The anchors also discussed inflation and the markets ahead of Thursday's CPI data -- and reacted to eye-opening takes on the market from Morgan Stanley CIO Mike Wilson and DoubleLine CEO Jeffrey Gundlach. Also in focus: Bernstein downgrades Salesforce and sees "growth purgatory" for the company, FTX founder Sam Bankman-Fried's comments to Puck News, Tesla files to expand its Texas Gigafactory, "Faber Report": Will WWE Sell? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Tuesday's comments from Fed Chair Jerome Powell. In remarks delivered to Sweden’s central bank, Powell said the Fed needs to remain independent from political influence while battling inflation -- adding that "Price stability is the bedrock of a healthy economy." The anchors also reacted to Coinbase announcing its second round of layoffs in less than a year, plus what the company's CEO Brian Armstrong told CNBC about cutting 20% of its workforce. Also in focus: Disney CEO Bob Iger tells employees they would be required to work in a Disney office four days a week, Warner Bros. Discovery's big 2023 rebound, plus Apple reportedly plans to replace a key Broadcom chip with an in-house design. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending gains after a positive first week of 2023 for stocks. The anchors also explored woes for a pair of retailers: Shares of Lululemon and Macy's each down sharply on holiday quarter guidance. Carl, Jim and David reacted to Ant Group founder Jack Ma ceding control of the Chinese fintech giant, and the boost to shares of Alibaba, which owns a roughly 33% stake in Ant. Merck CEO Robert Davis offered his outlook for the pharma giant "First on CNBC" from the J.P. Morgan Healthcare Conference in San Francisco. Also in focus: Goldman Sachs reportedly set to begin layoffs, plus a look at the stocks rising more than 100% on M&A news. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer discussed stocks jumping on the better-than-expected December employment report: Non-farm payrolls up 223,000, the unemployment rate fell to 3.5% and wage growth slowed. Labor Secretary Marty Walsh joined the program with White House reaction to the numbers. Tesla shares extended losses after the automaker slashed prices in China for the second time in less than three months. Also in focus: Costco leading the gains in consumer stocks, upgrades and downgrades, the challenges of finding a bull market, Cramer on how to play Apple and why he likes the "slowdown stocks." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer led off the show with a wide-ranging discussion about Amazon's plans to cut 18,000 jobs and how many more layoffs we might see in the tech sector. Wednesday night on CNBC, Jim urged Amazon to reduce headcount shortly before CEO Andy Jassy issued a memo to employees about the cuts. The anchors also reacted to comments from Kansas City Fed President Esther George, who told CNBC she sees interest rates above five percent until inflation is under control. Also in focus: Tesla shares fall on a slump in deliveries of its China-made vehicles, crypto-focused bank Silvergate Capital plummets after disclosing a plunge in deposits in wake of FTX's collapse, what to make of Wall Street's downgrade parade – and bright spots, plus Microsoft CEO Satya Nadella tells CNBC why he sees a "challenging" two years ahead for tech. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

As satellite operators send more spacecraft to orbit to connect their broadband services globally, Morgan breaks down the business case for internet constellations with SES CEO Steve Collar. Following the deployment of the first payloads for its O3b mPOWER constellation, they discuss surging satellite demand, the company’s partnership with SpaceX and a potential merger between SES and Eutelsat. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer took a deep dive into tech: Salesforce plans to cut about 10% of its workforce. The anchors weigh in on the stock and what Co-CEO Marc Benioff said in his letter to employees. Microsoft shares fell sharply after UBS downgraded the stock from "Buy" to "Neutral." Hear what Jim had to say about that call. All of this happening one day after Apple closed trading with a valuation below $2 trillion for the first time since 2021 -- and Tesla shares tumbled, experiencing their worst day in more than two years. Also in focus: Regulators warn banks about crypto risks, Chinese stocks rally, oil prices under pressure and GE Healthcare begins trading after being spun off from General Electric. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On the first trading day of the new year, Jim Cramer and David Faber explored what's ahead for stocks after the worst year for the markets since 2008. Jim outlines his investment playbook for 2023. The anchors also discussed the continuing slump in Tesla shares after the company missed its deliveries target for 2022. Cramer explains why he believes this is the year Ford and General Motors are "coming for Tesla." Blackstone President & COO Jon Gray joined the program to discuss the $4 billion investment his firm's real estate investment trust is receiving from the University of California, after the BREIT fund experienced a surge in redemptions last month. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Morgan Brennan, Scott Wapner and Mike Santoli started the hour with a look back at stocks’ performance for 2022. All major indices were on pace for their worst performances since 2008; the Nasdaq the biggest laggard among the 3, down more than 30% year-to-date. CNBC also had new data from its Delivering Alpha Survey, with 40% of respondents saying they believe the S&P will rise somewhere between 6% - 10% in 2023. The anchors then shifted to the latest around Southwest Airlines, as the company said it expects to operate a normal schedule. Around the bells, the anchors also hit the tough year for cryptocurrencies; Bitcoin is set to end the year below $17K, and down more than 60% for 2022. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Morgan Brennan, Scott Wapner and Mike Santoli began the hour with Tesla, trying to build on yesterday’s gains after snapping a 7-day losing streak. CEO Elon Musk sent a note to employees telling them “don’t be too bothered by stock market craziness.” After that, the anchors then discussed the broader markets will the major indices trying to rally a day after the Nasdaq touched its lowest level in more than 2 years, following rising Covid concerns out of China. Also in the mix: CNBC’s senior real estate correspondent Diana Olick broke down some weaker-than-expected numbers in the housing market to end the year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

2022 was a massive year for space, from a series of NASA milestones to the rise of mega-constellations. So why did publicly-traded space stocks crash this year, even as launch demand rises? Morgan sat down with United Launch Alliance CEO Tory Bruno to discuss the launch market, the company’s heavy-lift Vulcan rocket, and the outlook for the next year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Morgan Brennan, Scott Wapner and Mike Santoli started the hour by breaking down the ongoing volatility around Tesla. Baird reiterated its “outperform” rating on the stock this morning, but lowered its price target to $252 from $316, the second price cut for Tesla in under a week. The anchors then shifted to the latest troubles for Southwest, as the stock continued to drop amid more flight cancellations. CEO Bob Jordan posted a video a last night, apologizing to his customers for the ongoing troubles saying he is “truly sorry.” Around the bells: they also mentioned AMC CEO Adam Aron asking his board of directors to freeze his salary in 2023 amid the company’s sliding stock price. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Morgan Brennan, Scott Wapner and Bob Pisani began the hour by breaking down the market action for the last trading week of 2022 as stocks tried to rally on news that China would drop quarantine requirements for international arrivals starting in January. Staying with travel, the anchors then shifted to discuss a chaotic weekend of holiday travel. Southwest Airlines canceled another 2,500 flights Tuesday and warned that mass disruptions will continue throughout the week, drawing scrutiny from the Transportation Department as other airlines recovered from severe winter weather. Also in the mix: Tesla shares continued to sink lower, and was on pace for its 7th straight day of losses. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On the final trading day before Christmas, Carl Quintanilla and Jim Cramer discussed Elon Musk's promise to pause selling more shares of Tesla -- but that news didn't stop the stock from continuing its slump. How low can it go? On the crypto front: FTX founder Sam Bankman-Fried under house arrest after being released on $250 million bond, as he awaits trial on criminal charges related to the collapse of his crypto exchange. Also in focus: Market volatility, An inflation gauge closely watched by the Fed came in tamer than a year ago, Microsoft versus the FTC and Cramer highlights stocks worthy of your attention heading into 2023. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber reacted to Sam Bankman-Fried's return to U.S. soil after being extradited from the Bahamas. The founder of FTX set to be arraigned in federal court as he faces criminal fraud charges related to the collapse of his crypto exchange. The anchors also discussed comments from billionaire investor David Tepper after he told CNBC he is "leaning short" on equities. Also in focus: Micron dragging semiconductor stocks lower after quarterly results missed expectations and the company announced job cut plans, Q3 GDP revised higher, the NFL and YouTube strike a "Sunday Ticket" deal, Carmax tumbles, AMC plunges after announcing a capital raise, plus Tesla's stock slump: A buying opportunity? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed the big stories fueling Wednesday's market rally: Nike shares surging on better-than-expected quarterly results and raised guidance, while FedEx also gets a lift on an earnings beat and its vow to continue aggressive cost-cutting measures. The anchors also reacted to Tesla shares hitting fresh 52-week lows and Elon Musk's tweet highlighting what he believes is to blame for the stock's slump, plus his promise to resign as Twitter CEO once he finds a successor. Also in focus: Published reports say Google's YouTube is in advanced talks for exclusive rights to the NFL Sunday Ticket subscription-only package. What could this mean for shares of Alphabet and streaming stocks? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber engaged in wide-ranging discussions about Wells Fargo's multi-billion dollar settlement with the Consumer Financial Protection Bureau. The CFPB said it has ordered the bank to pay a penalty for "widespread mismanagement of auto loans, mortgages and deposit accounts." David with new reporting on the Twitter saga: Sources telling him Elon Musk is actively searching for a CEO to run the company. Also in focus: Big tech weakness, the Bank of Japan's action that surprised the global markets, plus what to expect from FedEx and Nike results after the close -- and what they might say about the consumer. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a big week for defense deal-making, private-equity firm Advent International is acquiring satellite operator Maxar Technologies in a deal valued at $6.4 billion at a nearly 129% premium. Morgan sits down with Advent International Chairman & Managing Partner David Musaffer to discuss the acquisition, the satellite market and the private markets’ role in M&A. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber led off the program with Elon Musk's Twitter poll: The majority of the platform's users said Musk should step down as head of Twitter. The anchors explored what it all means for shares of Tesla, which have tumbled since Musk closed the Twitter deal in late October. Also on the tech front -- the EU has charged Meta with antitrust violations. Costco CEO Craig Jelinek joined the show exclusively and offered some eye-opening perspectives on inflation, the consumer and the holiday shopping season. Also in focus: The Senate Banking Committee Chair mulls the idea of a crypto ban, Disney shares slump as the "Avatar" sequel’s box office debut comes in shy of expectations, plus Cramer's skepticism regarding L3Harris' $4.7 billion deal to acquire Aerojet Rocketdyne. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber delved into another day of selling on Wall Street amid rate hike and recession worries. Jim highlights the stocks he says "would do just fine" in a slowing economic environment. The anchors also discussed bright spots in the tech sector -- Adobe shares up sharply after posting a quarterly earnings beat and Meta higher on an upgrade from J.P. Morgan. Jim and David reacted to Twitter's decision to suspend accounts of several journalists, Elon Musk's tweets about that move, plus the "Musk effect" on slumping Tesla shares. Also in focus: A stock that doubled on news of a buyout. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber focused on the markets extending Wednesday's losses into a sell-off, one day after the Fed announced a 50-basis point rate hike and signaled more increases to come as it battles inflation. The Bank of England and the European Central Bank each followed the Fed with similar rate hikes on Thursday. Jim highlights which stocks to buy -- and the ones to avoid -- in this market environment. The anchors also discussed Elon Musk's sale of another $3.6 billion of Tesla shares -- and the company's market cap sliding below $500 billion -- amid investor concerns about Musk's role at Twitter. Also in focus: Retail sales fell sharply in November, What's driving the rally in Chinese shares, plus Cramer explains why he's bullish on Bob Iger upon his return as Disney CEO. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber focused on markets anticipating Wednesday's Fed interest rate hike decision, policy statement and Fed Chair Powell's news conference. What's at stake for your portfolio? The anchors explored Tesla's ongoing stock slump as key investors express frustration with Elon Musk's focus on Twitter. Also in the spotlight: A Senate Banking Committee hearing on FTX's collapse one day after new FTX CEO John Ray III told House lawmakers the bankrupt crypto exchange engaged in "old-fashioned embezzlement." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the show with cooler-than-expected inflation data sparking a rally on Wall Street: The November Consumer Price Index rose 7.1% year-over-year, fueling hopes that tomorrow's Fed decision will result in a less aggressive interest rate hikes. The anchors discussed the big news surrounding Sam Bankman-Fried: After being arrested in the Bahamas at the request of the U.S., the founder and former CEO of FTX was hit with an eight-count federal indictment, with charges including wire fraud and conspiracy. The SEC charged Bankman-Fried with defrauding investors in FTX. Boeing CEO Dave Calhoun joined the program to discuss United Airlines making the biggest 787 Dreamliner order in Boeing's history. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the program with a busy day in M&A: Amgen agreeing to acquire Horizon Therapeutics in a deal valued at $27.8 billion, Thoma Bravo to take Coupa Software private in an $8 billion transaction and barbecue grill maker Weber agrees to a $2.3 billion buyout from BDT Capital. The anchors also explored what's at stake for the markets this week, with the Consumer Price Index due out Tuesday and the Fed's decision on interest rates scheduled for Wednesday. Also in focus: Bank of America says "Short U.S. Tech" is among its "Top 10 Trades for 2023," Tesla shares slump further as Elon Musk and Twitter remain in the spotlight, Goldman Sachs cuts RH to "Sell" as part of a wide-ranging retail sector call, plus the anchors remember the motion picture, "Wall Street" -- 35 years later. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

NASA's Artemis I came to a close this weekend, wrapping up a nearly 26-day unmanned spaceflight around the moon. The mission marks the first flight of SLS, the most powerful operational rocket, and kicks off a series of missions which will eventually send Americans back to the lunar surface. Morgan discusses the historic mission, outlook for future launches and the lunar economy with former NASA Administrator Jim Bridenstine. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to new wholesale inflation data: The Producer Price Index for November came in hotter than expected, ahead of next week's Fed decision on interest rates. David highlighted three items on investors' radar as the Federal Trade Commission seeks to block Microsoft's planned acquisition of Activision Blizzard. Lululemon CEO Calvin McDonald joined the program to discuss his company's Q3 earnings beat, the holiday quarter guidance pressuring the stock and managing pricing power in an inflationary environment. Also in focus: Costco misses, the message from RH's CEO, Broadcom shares jump, Salesforce Chairman and Co-CEO Marc Benioff defends the company's stock and FTX founder Sam Bankman-Fried said he'll testify before Congress next week. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show by breaking down the markets with the S&P coming off its 5th negative session in a row. They also reacted to Citi CEO Jane Fraser warning that the United States is likely to enter a recession in 2023. The anchors then talked Tesla, down again in early trading on a report that the company is shortening Shanghai factory shifts and delaying new hires. Also in the hour: David had an exclusive interview with Blackstone President Jon Gray, over the company’s decision to limit withdrawals from its $69 billion private REIT. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber started the hour by taking a closer look at China relaxing its Covid restrictions and moving away from its ‘zero-Covid’ policy. China’s trade also plunged to its lowest level since 2020 amid those Covid curbs. The anchors also turned to Paramount Global, which moved lower again after the company warned of an ad sale slowdown; David sat down exclusively with Paramount CEO Bob Bakish. Also in the mix: Jim broke down Campbell Soup for his ‘Mad Dash’ after the company moved higher on its earnings beat. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.